Parcl users started pulling their funds from the protocol earlier this month after it said it took a snapshot for its recent airdrop.
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Access real-time blockchain and cryptocurrency news updates from around the globe.
Crypto market ‘underestimates the long-term impact’ of Bitcoin halving: Bitwise
In the month after past Bitcoin halvings, its price saw little movement — but in the next year it saw significant gains, says Bitwise Asset Management.
Bitcoin drops as dollar eyes ‘best 5-day run’ in 14 months on expected rate cut hold
As the U.S. dollar strengthens, Bitcoin’s price has declined leading up to its April 20 halving and the Fed’s expected rate cut pause in May.
Bitcoin miner stocks drop on ‘unsubstantiated’ post-halving profit fears: Analyst
Blockware Solutions analyst Mitchell Askew says fears around post-halving Bitcoin mining profitability are baseless as crypto miner stock prices have tumbled.
Why Bitcoin ETFs with ‘zero flows’ don’t mean what you think
Over 2,000 United States ETFs see no inflows on any given day — something thats “very normal,” says ETF analyst James Seyffart.
Railgun denies being used by North Korea as it nears $1B total volume
Privacy protocol Railgun, which security analysts have labeled a “prime alternative” to Tornado Cash, denied U.S.-sanctioned entities are using it.
Andreessen Horowitz raises $7.2B for new venture funds
The venture firm is putting $600 million of its billions into a new gaming fund — which includes Web3, GameFi and AI-integrated gaming projects.
‘FOMO’ once drove GameFi funding, but VCs say it’s different this time
During the last bull run, VC firms were more concerned about missing out on the hype, but they’re taking a much more measured approach this time.
SEC has 'very low' odds of winning against Uniswap: Crypto lawyer
The Securities & Exchange Commission has chosen Uniswap — rather than a fraudulent actor — as its latest target. The commission is facing stiff odds of success.
Senate Banking Committee chair wants to combine stablecoin bill to boost chance of passage
A bill in the House of Representatives aimed at providing guardrails for stablecoins has not moved forward since July 2023.
‘Bitcoin will reach $1M, no doubt’ — Animoca founder at WebSummit Rio
Yat Siu spoke on the panel "Bitcoin's Revenge: Is Web3 Making a Comeback?" at WebSummit Rio in Brazil.
Bitcoin price falls under $62K amid wavering spot BTC ETF demand
Bitcoin price slipped below $62,000 as capital flows into the spot Bitcoin ETFs continue to taper off.
Israeli central bank official says CBDC competition with banks is good for economy
Bank of Israel deputy governor Andrew Abir is eager for the digital shekel to shake up commercial banks.
Tokenholders approve $7.5B AI merger
The Artificial Superintelligence Alliance’s new ASI token will begin trading next month and will be valued at $7.5 billion at launch.
Reversing layoffs of 2022? Crypto exchanges are adding staff members
Kris Marszalek reportedly said Crypto.com planned to “slowly, thoughtfully, and strategically” add new staff members as part of plans to increase the exchange’s registered users.
Iraq commitment to capture flare gas sparks crypto mining speculation
Iraq is looking to reduce both pollution and its dependence on fossil fuels.
GameFi ecosystem makes a comeback amid surging crypto prices
The number of daily active wallets engaging in GameFi has doubled over the past year.
UK trade association experiments with Regulated Liability Network
Eleven member organizations are taking part in the experiment focusing on the United Kingdom's RLN.
DeepMind CEO says Google to spend more than $100B on AGI despite hype
Demis Hassabis previously compared crypto and AI, saying both had a problem with hype and scams.
Bitcoin Halving will pump games, Shrapnel’s ‘simple’ secret revealed: Web3 Gamer
The Bitcoin halving will be twice as good for blockchain games this cycle, Shrapnel’s secret revealed, Rumble Racing Star review: Web3 Gamer.